PETRA BUYING AT LOW

For trading, the best price to enter as at 0.465 with cut loss at 0.315
TP only can be updated once the price rebounce at level 0.465 or 0.385..roughly max TP will be around 1.365

For Investing:
1. Buy 1 = 0.675
2. Buy 2 = 0.465
3. Buy 3 = 0.385
We will cutloss once the sentiment is negative... for a safe margin of how much to invest, we can put 0.315 as a reference to calculate how much risk to expose that we can tolerate in future.

The sentiment is positive as the company FV value at 1.03 & DCF-10% 0.515. With the strong oil price upward, the Energy sector will give a positive impact on the future price of the company.
No latest movement in shareholder purchase with ordinary share number stagnated at 320,942,000 unit for the past 3 years. The main concern on the cash flow of the company, however, could be justified with the decreasing of global oil price previously.

Looking forward to the next 5 years, the cycle of the energy sector will be recovered & this could give positive impact to the future of the company.